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Author Topic: The Kids buying Mcdonald order via BTC  (Read 780 times)
Kakmakr
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September 22, 2023, 06:17:54 PM
 #21

How do you guys know this is a pay point for McDonald's...? It can be a Bitcoin ATM in a McDonald's restaurant or it might not even be in a McDonald's restaurant..  Roll Eyes

In any way.... the kids are the future of Bitcoin and we should be happy that there are kids willing to use it as a currency. Most people today wants to use Bitcoin as a commodity and the currency side of things are neglected.  Sad

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September 22, 2023, 10:44:00 PM
 #22

It is truly amazing and incredibly fascinating to witness how the younger generation is becoming increasingly familiar with cryptocurrencies. It's great and impressive to see them adapt to new technologies, learn, and use applications like Bitcoin. This is a testament to the changing landscape of financial and technological education and the fact that Bitcoin is becoming more and more mainstream. It highlights the evolving nature of financial education and the growing interest in cryptocurrencies across all age groups.

Understanding cryptocurrencies and blockchain technology can provide them with valuable skills that could help them achieve financial success in the future. It's commendable that some parents are teaching their children about these technologies at an early age. However, I wonder if they also understand the risks and responsibilities associated with handling digital currencies.

Thank you for sharing this interesting observation! It's always exciting to see real-world examples of how technology is evolving and being adopted by the next generation.

But I wonder why this was deleted. Was it deleted by the person who posted it or by the X moderator?

Now I am thinking about how I will pass on my knowledge to my nieces and nephews or how I will teach my future children about crypto.

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September 22, 2023, 10:49:33 PM
 #23

How do you guys know this is a pay point for McDonald's...? It can be a Bitcoin ATM in a McDonald's restaurant or it might not even be in a McDonald's restaurant..  Roll Eyes

In any way.... the kids are the future of Bitcoin and we should be happy that there are kids willing to use it as a currency. Most people today wants to use Bitcoin as a commodity and the currency side of things are neglected.  Sad
The company behind McDonald's don't have control over the restaurants, each franchises have different owners and they can implement different things to make their services much better than other franchises, it just so happens that this McDonald's have the bright idea of having bitcoin as a payment option.



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September 22, 2023, 11:00:18 PM
 #24

How do you guys know this is a pay point for McDonald's...? It can be a Bitcoin ATM in a McDonald's restaurant or it might not even be in a McDonald's restaurant..  Roll Eyes
If we look at the picture above, some people will think differently because some people think they are at a Bitcoin ATM, but we cannot access the source of the information because maybe the user has deleted his post on Twitter, hopefully the account user will convey the truth about the children who buy food using bitcoin payments at McDonald's restaurants.

Quote
In any way.... the kids are the future of Bitcoin and we should be happy that there are kids willing to use it as a currency. Most people today wants to use Bitcoin as a commodity and the currency side of things are neglected.  Sad
We are very proud to see the growth in user adoption of bitcoin, bitcoin is not just a commodity asset but they are also used as currency, so anyone who has bitcoin in their wallet will have two advantages for long-term investment asset needs and can also use bitcoin as currency (without being converted ) to purchase any item with instant payment. However, the most extraordinary thing is that there are children who are already knowledgeable about using bitcoin for payment purposes in restaurants

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September 22, 2023, 11:02:22 PM
 #25

It is great sincerely to see kids who understand, dicipher and apply complex information which have caused many adults to be in awe. The subject of BTC isn't new and with new kids being born daily, the latest parents are more remotely employed and have more anonymity with transactions or do more savings there and have to hint the kids incase something happens to them and they are left puzzled with wallet address they can't understand.

It's no wonder many parents who have toddles or are expecting new babies migrate to more developed countries or regions so as to afford a better learning experience for their young ones on the future developments that will in no time be of more benefit to those who understand it than those who are still trying in bits to understand it.

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September 22, 2023, 11:13:56 PM
 #26

Huge if true. Imagine how much of our kids will be into bitcoin in the future if there are more of them that are interested with how it works as early as today, that will be massive!

I share the same sentiments as Sceptical Chymist though, in terms of how they spend it. While I think teaching your kids how to use bitcoin is nothing at all bad, and is great even especially if you're really selling the benefits of bitconi and not just willy-nilly telling your kid that either bitcoin is a cash cow that you can milk for as long as you live, or a glorified payment system so you can send uncle john money from where he lives without anyone tracking him or charging him deathly high fees for it, the fact that they are using the money and they have probably done this more times too, to buy Mcdonald's meals is just idk, iffy. Kids today should be given proper food that is nutritious and is not going to fatten them up. There are other healthier choices out there for sure that could accept bitcoin or something.
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September 23, 2023, 03:04:56 AM
 #27

I dont really think that they understand Bitcoin at that age but I guess it's still a great thing that these kids are getting exposed to Bitcoin at a very early age since that could help them learn a little about Bitcoin probably when they get older they already have an idea about it and that could interest than in the forum to actually learn Bitcoin and cryptocurrency not just using it as a payment on Mcdonalds since it would be advisable because of the huge fees most of the time, I mean this Bitcoin and cryptocurrencies wasn't really mean for payment at this time because of its volatile market price and huge fees, I would only recommend it as an investment, I mean it is great as an investment but wasn't ready to be used as a payment method but probably it would be possible in the future, there is some centralized platform that offer very low fees on cryptocurrency transactions but it's a centralized platform so I would really trust putting my bitcoin there for sure.

We can assume that this image is taken back in the day when cryptocurrency was still not a thing and there were a lot of people who doubted it, But at the moment cryptocurrency is already adopted in a lot of platforms so if you're going to use it as a payment there will only be low fees compared in the past that's for sure.

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September 23, 2023, 03:26:03 AM
 #28

Supposing the kids were really making an order at McDonald's, that sure is a good thing. Whether the kids, being kids, don't understand the system behind Bitcoin and even fiat, that's not the point I guess. I guess what matters is that they had an actual encounter of buying a food they love using Bitcoin. That will certainly leave a mark in their minds that Bitcoin is a currency because once upon a time they bought burgers and fries with it.
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September 23, 2023, 04:26:46 AM
 #29

It is also not impossible if their parents are involved with Bitcoin and if their parents want to teach their children to trade with Bitcoin. Maybe his parents have a lot of bitcoins and maybe they invest in bitcoins as well as buy the necessary things with bitcoins and therefore their children may have inculcated the habit of trading with bitcoins. There are many parents who try to introduce children to Bitcoin from childhood and there are some guardians who keep children away from Bitcoin and introduce children to Bitcoin when they are of age. If these children get enough experience with Bitcoin from a young age, they will become more proficient with Bitcoin in the future.

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September 23, 2023, 04:42:41 AM
 #30

Yeah you guys been to a McDonald’s lately, it’s so expensive you are better off going to a restaurant pretty much. They used to have coupons but now they rarely do. Only deals were with this coupon books. Still not great but better.

BigMac meal here in Canada $12 or so. Some of the double big Macs and speciality burgers at $15. And at that point you can just go to a restaurant. I’ll cost the same but it will take longer.

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September 23, 2023, 05:48:59 AM
 #31

Mr OP it seem the reference link you provided is not working because went I click on it but it not going, I thought the problem is from my twitter but not pls fix it if the problem is from your side. The parent had tried their best in teaching their son crypto, at this stage of life am so happy seeing it because gradually the kid will start introducing his friends.

I even watched it a while ago before I posted it, and now when I tried to watch it again, it was deleted immediately the link was invalid already.
I do not know why. In the video, those kids are still scanning the machine at McDonald's. And it seems they're language was a Portuguese but not sure.

When you watch them, it seems like their parents or relatives are behind them, as long as those children are doing the transaction in the video.

I am happy to hear that their parents were behind them instructing them about what to do. Believe me, this is a wonderful story because children are been introduced to Bitcoin and they can grow up to appreciate the ecosystem. But I will not allow children to use my wallet to buy anything. It is very risky to me because this child might not understand privacy and cybersecurity. Maybe the wallet has a few amount of money so it can be used for such experiment but I would not want to teach innocent children what to do when they incidentally have access to my wallet. Just a click can make you lose a fortune. The ideal age for me to introduce Bitcoin to Children is 17 years and they will be well-informed about privacy and wallet security.

R


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September 23, 2023, 09:18:42 AM
 #32

The image isn't very clear; I can only make out the amount of 170,000 satoshis, and the rest appears blurry.

However, it's delightful to see a young child using Bitcoin for payment. It aligns with the notion that using Bitcoin is incredibly straightforward, and even a young child can accomplish it. Perhaps the individual who took this photo is the child's parent or sibling, teaching them how to make a Bitcoin payment.

If such payment methods continue to gain popularity and go viral, perhaps people will become more willing to experiment with making direct Bitcoin transactions at merchants.
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September 23, 2023, 10:19:56 AM
 #33

The image isn't very clear; I can only make out the amount of 170,000 satoshis, and the rest appears blurry.

However, it's delightful to see a young child using Bitcoin for payment. It aligns with the notion that using Bitcoin is incredibly straightforward, and even a young child can accomplish it. Perhaps the individual who took this photo is the child's parent or sibling, teaching them how to make a Bitcoin payment.

If such payment methods continue to gain popularity and go viral, perhaps people will become more willing to experiment with making direct Bitcoin transactions at merchants.

      -    I also saw and watched that on Twitter. When the kids even scanned it on the machine, it was around 30 dollars, the equivalent of 170k satoshi that Op says inside McDonald's. It's just different words from the kids, and I have no idea what that country is. When I watched it, the child seemed to be used to it.

I think it's not the only time at McDonald's that they experienced paying at a fast food that accepts Bitcoin; it's just that now that I can't see the video on the link, I have no idea either. As long as that is true, and I also think that happened a few months ago this year, because the equivalent of 170k satoshi was around 30$ when they paid.

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September 23, 2023, 01:45:05 PM
 #34

Kids ordering McDonald's with BTC is good because it's increasing the popularity of bitcoin. They know and learn about bitcoin from a young age which will make it easier to use bitcoin in the future I think their entire family probably uses bitcoin which is why they got to know about bitcoin at such a young age. By using bitcoin from now on they will get to know bitcoin better and recognize bitcoin as a currency along with fiat currency. Also growing one of the world's leading online travel booking services will expand its bitcoin payment options to include hotel reservations events and more. It's better to learn from a young age because then you won't be disappointed about the use of bitcoin when you grow up.

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September 23, 2023, 02:28:48 PM
 #35

I just observed a kid on Twitter doing a Bitcoin payment transaction at McDonald's, and it's amusing to see that they can do it. However, I feel bad for the kid because he spent something like 170,000 Sats or something. Its parent must have a sizable amount of Bitcoin.
I am not surprised to see that McDonald's is willing to accept Bitcoin as payment for their products, because this has been going on at McDonald's for a long time. As mentioned by voi.id, in September 2021, El Salvador became the first country in the world to allow the use of Bitcoin as legal tender. Since then, McDonald's has accepted Bitcoin at 19 of its stores in the country. This means that this kind of thing has been going on for a long time at McDonald's and maybe there are more children there who know about it so they might be taught by their own parents how to use Bitcoin when shopping at McDonald's.

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But even so, I'm still in awe of how these kids were raised by their parents since even at such a young age, they are progressively learning about the idea and features of how important Bitcoin is to them. I respect parents who do an excellent job of educating their kids.
This kind of thing is worthy of admiration because in other countries there may still be very few children who can use Bitcoin because of certain obstacles such as their parents who may not know about Bitcoin and also their surrounding environment which still does not want to accept Bitcoin like at McDonald's. So what these children are doing is quite good and I am also very impressed with them for this and it is very possible that their parents already understand how to use Bitcoin in several things including shopping.

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September 23, 2023, 04:13:28 PM
 #36

I am delighted to witness how young people are getting involved with Bitcoin at such an early age. This trend also reflects growing interest in adoption of digital currencies, and serves as testament that how technology is reshaping our financial system. It also underscores the importance of financial literacy and education for growing children for their future well being. However, it is also important for children to understand the risks involved with crypto currencies and digital assets.









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September 23, 2023, 04:21:40 PM
 #37

Are you shocked to see that BTC can be used to buy Macdonald or you are shocked that the kids are buying it and they are getting familiar with BTC technology at an early age? Either way, new generation kids are so modern that, at an early age they are aware of the full usage of smart phones, while when I was a kid, like around 10 to 14 years old, no one gave me smart phones to use, I mean I don't have the privilege to have my own phone so I have to ask elders to use their phones and all they did was, not gave us their phones even for a second, by saying that we might break their phones.

If I recall those memories now and compare them with the current generation then I concluded that this generation is so advance that they knew how to use phones. They knew how to make online transaction via banks. They are now getting familiar with the btc technology. That's not a surprise to see but using btc to pay for products is very surprising. Even though their parents or guardians were helping them, but still, they are learning at an early age and with time they will become experts.

I am shocked that they are using BTC in a frivolous manner.

But perhaps it means btc will stabilize at a low number say 30k and stay there for decades. Then spend 45 dollars worth won't be as stupid as buying 2 pizzas for 10000 btc was.

So I guess the parents are betting that btc will be stabilized close to the current price it is.

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Faisal2202
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September 23, 2023, 05:01:17 PM
 #38

I am shocked that they are using BTC in a frivolous manner.

But perhaps it means btc will stabilize at a low number say 30k and stay there for decades. Then spend 45 dollars worth won't be as stupid as buying 2 pizzas for 10000 btc was.

So I guess the parents are betting that btc will be stabilized close to the current price it is.
I don't find it shocking because, because for example, many service and product sellers are accepting BTC as payment method, which means on the other hand there is a buyer who is buying those services and products using their BTC. And if all people will start to hold the BTC instead of using it for p2p purposes then things will not be the same and people might not adopt it at first. Think for a second.

If they had paid in fiat, then that would be only $45 dollars which they can also use to buy the same amount of BTC, the point is they had money but they prefer to use that money to buy MacDonald instead of keeping/investing the funds/fiats in BTC. I hope you understand my point.

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September 23, 2023, 06:45:57 PM
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Op the first thing is correct your link everyone was asking about it as they wanted to confirm the news but I don't know why you still have not corrected it, I personally checked it and found nothing so please give the right link to this news.

Glade to see that the children are learning about Bitcoin at an early age. Bitcoin is a stronger tool that provides financial freedom to people and is necessary to educate children about Bitcoins so that in the future they can make the best decisions about their finances.

The children in your post have the capability to make a Bitcoin payment at McDonald's and it's a very honor for his parents that their child understands about Bitcoin and takes an interest in it. This pic shows that Bitcoin is becoming more popular day by day and it is going to be very easy to make payments.

If you are a father I recommend you to educate your children about Bitcoin tell them, how Bitcoin is important how much it will help them in the future, and also how it provides the concept of investing or saving money.
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September 23, 2023, 07:07:02 PM
 #40

I am shocked that they are using BTC in a frivolous manner.

But perhaps it means btc will stabilize at a low number say 30k and stay there for decades. Then spend 45 dollars worth won't be as stupid as buying 2 pizzas for 10000 btc was.

So I guess the parents are betting that btc will be stabilized close to the current price it is.
I don't find it shocking because, because for example, many service and product sellers are accepting BTC as payment method, which means on the other hand there is a buyer who is buying those services and products using their BTC. And if all people will start to hold the BTC instead of using it for p2p purposes then things will not be the same and people might not adopt it at first. Think for a second.

If they had paid in fiat, then that would be only $45 dollars which they can also use to buy the same amount of BTC, the point is they had money but they prefer to use that money to buy MacDonald instead of keeping/investing the funds/fiats in BTC. I hope you understand my point.

I don't think there are many people who are using BTC to pay for a burger. If someone knows the history of that pizza guy who brought a pizza for an insane amount of BTC and compares that BTC price in today's market, their feasible response will be to hold it for future gain.

Using BTC instead of Fiat for having trouble with Fiat is a logical explanation. Perhaps they were just trying something new to get new experiences.

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